Cincinnati Site Dropped
The Learn and
Earn slot machine proposal has undergone some changes as of late, with
a competing group dropping Cincinnati from its plans. The group is
hoping that if they remove the city it will change the minds of
another competing company, Penn National Gaming, Inc., the owners of
Toledo’s Raceway Park, to drop a competing proposal that would limit
slot machines to the state’s seven racetracks. Penn National draws
heavily from the Cincinnati market with their riverboat casino in
Lawrenceburg, Indiana. Penn National is also known as Education Yes,
the backers for the larger proposal Learn and Earn. So far it does not
seem to have had any effect on Penn National, and they are continuing
to push forward with their proposal to bring slot machines in.
The group, Learn
and Earn, if they receive the needed number of signatures to get slot
machines into the racetracks would bring in 3000 slot machines at each
of nine sites. Education Yes, calls for up to 5000 machines at each
of seven tracks. The proposal change did however defuse another
proposal that was calling for each casino in Cuyahoga County to pay
$15 million licensing fee if in four years voters approve gambling
tables in addition to the slot machines.
The new proposal
should also alleviate some concerns from Attorney General Jim Petro,
for he was concerned about some of the language. The new proposal
states that facilities with slot machines can operate 24 hours a day
regardless of local rules. Opponents still believe the proposal will
not pass. Back to
August Archive or Slot Machines |